Better Home Loan
Helping homeowners
make greener choices.
Spread the cost of energy-efficient home improvements with our Better Home Loan. Available to homeowners and delivered in partnership with People Powered Retrofit and Carbon Co-op.
Representative examples
Borrow £10,000 over 48 months. APR 6.2%. 48 x monthly repayments of £234.99. Total repayable £11,279.53. Total cost of credit £1,279.53
Borrow £20,000 over 72 months. APR 6.2%. 72 x monthly repayments of £331.75. Total repayable £23,885.69. Total cost of credit £3,885.69
Key information
Better Home loan
- Loan amount: borrow from £5,000 – £25,000
- APR: 6.2%
- Repayment term: flexible terms available
- Repayment method: recurring card payment or payroll deduction (for eligible members)
Eligibility
- Exclusively available to homeowners
- Purpose must be to fund energy-efficient and environmentally friendly home improvements
- Both new and existing members can apply
- You agree to save £5/month in addition to loan repayments
- You have not been declined for a loan with us in the last 3 months
- Subject to a credit check and open banking to establish affordability
Benefits of this loan
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Affordable rates, tailored to you: borrow from £5,000 to £25,000 at a competitive rate.
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Flexible repayment options to suit your budget and you can pay off your loan early without any penalties.
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Borrow with confidence: Our loan terms are clear and transparent with no hidden fees or nasty surprises.
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Better for Your Home, Better for the Planet: Invest in energy-saving improvements that benefit both your home and the environment.
FAQs
Why choose The Money Co-op
At The Money Co-op, we believe in fair, affordable finance. Our Standard Personal Loan lets you enjoy the benefits of a competitive rate, flexible repayment options, and the peace of mind that comes with transparent, ethical lending. You’re not just a customer, you’re part of a community where your financial wellbeing is our priority.
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Need help?
If you have any questions about our Better Home Loan, please get in touch with us in any of the usual ways.
If you’re experiencing financial difficulties or struggling to make repayments, please contact us as soon as possible. Our friendly team is here to help you find the best solution and get back on track.
Better Home Loan Summary
APR |
6.2% APR |
|---|---|
Loan amounts |
From £5,000 to £25,000 |
Term of loan |
Maximum term of loan:
|
How it works |
Our ‘Better Home Loan’ helps homeowners spread the cost of energy-efficient home improvements, from solar panels and heat pumps to improved insulation and induction hobs. Not sure where to start? We’ve partnered with People Powered Retrofit and Carbon Co-op, whose experts can help you understand your options and choose the improvements that are right for your home. |
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